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Vietnam Daily Market Recap Jun 30

Daily Market Recap 30/06/2021    147

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Market Commentary: The VN-INDEX cooled down 0.1% as profit-taking dominated late trading

The VN-INDEX edged down slightly 1.5pts to 1,408.6pts as Financials and Real Estate large caps diverged. The VN-INDEX opened with a positive sentiment, reaching today’s intraday high of 1,419.6pts (+0.6%) in the morning session thanks to the support from Financials and Consumer Staples large caps. VCB (+2.1%) became today’s largest supporter, followed by MSN (+2.7%), VIC (+0.9%), VPB (+1.2%), and BID (+0.7%). However, profit taking activities emerged in late trading and pushed the index below the reference point with Financials and Real Estate stocks falling under selling pressure, namely CTG (-2.2%), TCB (-1.5%), VHM (-0.5%) and ACB (-2.1%), thus taking away a combined of 3pts from the index. Other laggards included GVR (-2.0%), PLX (-2.5%) and HPG (-0.6%). At the end of the session, the VN-INDEX lost 0.1% to 1,408.6pts with 161 gainers and 191 losers. The HNX-INDEX also decreased 0.2% to 323.3pts. Foreign investors’ net bought value recorded at VND1,756.8bn, the highest net bought value since 09 April. 

Read the full daily report: Daily Market Recap Jun 30

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